Everett Harris & Co. CA Takes Position in Dominion Energy Inc. $D

Everett Harris & Co. CA purchased a new stake in Dominion Energy Inc. (NYSE:D) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 162,221 shares of the utilities provider’s stock, valued at approximately $11,078,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Dominion Energy by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock valued at $6,274,975,000 after buying an additional 940,838 shares in the last quarter. Capital Research Global Investors raised its holdings in shares of Dominion Energy by 9.0% during the 4th quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock worth $3,503,142,000 after acquiring an additional 4,940,692 shares during the period. State Street Corp raised its holdings in shares of Dominion Energy by 3.6% during the 4th quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock worth $2,848,662,000 after acquiring an additional 1,686,050 shares during the period. Wellington Management Group LLP boosted its position in shares of Dominion Energy by 46.2% during the 4th quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock valued at $2,633,253,000 after acquiring an additional 14,197,581 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Dominion Energy by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 20,442,935 shares of the utilities provider’s stock valued at $1,196,056,000 after acquiring an additional 314,932 shares during the last quarter. Hedge funds and other institutional investors own 73.04% of the company’s stock.

Dominion Energy Stock Up 0.3%

Shares of NYSE:D opened at $68.76 on Friday. The business has a 50-day moving average price of $69.09 and a 200 day moving average price of $65.36. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. The company has a market capitalization of $60.48 billion, a price-to-earnings ratio of 23.96 and a beta of 0.65. Dominion Energy Inc. has a 12-month low of $55.85 and a 12-month high of $72.99.

Dominion Energy (NYSE:D) last issued its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.11. The firm had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. Dominion Energy’s revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Sell-side analysts expect that Dominion Energy Inc. will post 3.57 EPS for the current year.

Dominion Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be paid a $0.6675 dividend. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy’s payout ratio is 93.03%.

More Dominion Energy News

Here are the key news stories impacting Dominion Energy this week:

• Positive Sentiment: Dominion’s potential exposure to rising electricity demand from data centers is keeping the utility in focus. Growth in large-load customers could support long-term earnings and rate-base expansion. Why Is Dominion Energy in Focus as Data Center Demand Grows?
• Positive Sentiment: The Virginia State Corporation Commission ordered Dominion to directly assign some transmission costs to data centers and may consider extending the policy to additional upstream costs. Shifting more infrastructure costs to large customers could reduce pressure on residential ratepayers and improve the economics of serving data centers. Dominion Ordered to Assign Transmission Costs to Data Centers
• Positive Sentiment: Dominion completed tower upgrades and restoration work at the Lake Murray Dam and Saluda Hydroelectric Project in South Carolina. The completion strengthens the company’s hydroelectric infrastructure, although temporary boating restrictions remain. Dominion Completes Lake Murray Tower Upgrades
• Neutral Sentiment: Dominion Energy’s foundation opened its fall grant application period for nonprofits, while the company also issued customer energy-saving advice during the heat. These announcements support community relations but are unlikely to materially affect near-term earnings. Dominion Energy Foundation Opens Fall Grant Applications
• Negative Sentiment: Truist lowered its Dominion price target to $66 from $68 and maintained a “hold” rating, signaling limited expected upside from current levels. Truist Lowers Dominion Energy Price Target
• Negative Sentiment: Dominion is seeking approval for higher fuel-cost charges in North Carolina that could add roughly $23 per month to some customers’ bills. Proposed rate increases may improve cost recovery but risk political backlash, customer resistance and regulatory delays. Dominion Seeks North Carolina Fuel-Cost Increase
• Negative Sentiment: The proposed $67 billion merger with NextEra Energy is facing customer and political concerns, including questions about regulatory oversight and recusal issues involving Virginia officials. Increased scrutiny could complicate approval or extend the transaction timeline. Dominion Customers Raise Concerns Over NextEra Merger

Analyst Ratings Changes

Several equities research analysts recently issued reports on D shares. Mizuho raised their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Seaport Research Partners lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Weiss Ratings raised shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 22nd. Royal Bank Of Canada raised their price target on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 19th. Finally, Barclays reduced their price target on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $68.00.

Dominion Energy Company Profile

Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.

Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.